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Technology Stocks : fashionmall.com, Inc. (FASH)

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To: Investor Clouseau who wrote (28)1/13/2000 10:09:00 PM
From: Candle stick  Read Replies (1) of 76
 
Please correct me if I am wrong, BUT how can this company
(FASH) be selling for less than 7 dollars a share? IF, they

have 42 million dollars in cash and only 7,5 million shares
outstanding, then the current valuation at today's close is

roughly 35 million dollars(4.75$ x 7.5 million shares)
....so FASH is selling for LESS than the cash it has in the
bank?
And you get the business for FREE?

Seems ridiculous to me......anyone?
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